The economy grew at a much faster pace than expected in the final months of 2src23, the Bureau of Economic Analysis said Thursday, boosted by robust consumer spending and ballooning government budgets. Gross domestic product, the governmentâs broadest scorecard for the economy, rose at an inflation-adjusted 3.3 percent annual pace in the fourth quarter. Economists
Biden Budget Proposes $6 Trillion Annual Spending as Inflation Soars to 29-Year High
May 30, 2021 by
President Joe Biden released his budget Friday, proposing $6.01 trillion in annual spending even as the economy is going through record inflation. The Commerce Department reported Friday that core personal consumption expenditures hit a 3.1 percent annual gain in April â the highest since May 1992. The plan calls for a 36.6 percent increase in…
Consumer Confidence Soars to 18 Year High, Near All Time Record.
September 25, 2018 by
Consumer confidence rose in September to its highest level in 18 years. The Conference Boardâs Consumer Confidence Index surged to 138.4 this month from 134.7 in August. Economists had expected confidence to dip in September. The latest reading was so high it was out of the range of predictions by economists polled by Bloombergâs Econoday. […]
AMAZING! President Trumpâs Approval Rating Soars to 51% â Tops Obama by 5 Points at Same Time of His Presidency.
April 5, 2018 by
Despite over 90% negative media coverage, President Trumpâs approval rating soared to 51% in Wednesdayâs Rasmussen Presidential daily tracking poll. Barack Hussein Obamaâs approval rating was at 46% on April 4th, 2010 â and that was with the media slobbering all over him day in and day out. President Trump told press pool reporters on […]
Dow soars 230 points higher to record as Street cheers Senate passing tax bill.
December 4, 2017 by
Drew Angerer | Getty Images News | Getty Images Traders work on the floor of the New York Stock Exchange (NYSE) at the closing bell, November 30, 2017 in New York City Senate Republicans managed to narrowly pass a bill to revamp the country’s tax system on Saturday. The Dow and S&P 500 both hit […]
In the Wake of Trump’s Election, Consumer Confidence Soars
December 28, 2016 by
(Shutterstock) The effects of a profound change in national direction are already being felt in the American economy: Consumer confidence climbed in December to the highest level since August 2001 as Americans were more upbeat about the outlook than at any time in the last 13 years, according to a report Tuesday from the New […]